While some cryptocurrencies surged in 2017 and got all the media attention Einsteinium had one of the craziest runs in 2017 and has seen a 67.747% growth in the last year alone. Yeah, you got it right that’s exactly 670 times increase in value thus being neglected and not getting that much media attention.
January 1st 2017 saw EMC2 start the year being worth 0,001$ to rapidly reach it’s crazy peak of 2,57$ only
11 months later.
Here’s a more detailed view of the month to month growth that EMC2 had in 2017
You can check out all the stats on on Coincheckup.com here.
Atter reaching it’s peak EMC2 saw a massive sell off in December caused by the marketing team and their bad communication. They were mainly talking about a big announcement while posting a picture of what seemed to be an Apple computer and as a result everyone got hyped about possible upcoming events.
In truth, EMC2 was about to announce a major algorithm update and upcoming fork that was about to happen allowing more miners with regular computers to gain access and get rewards for their mining activity.
However, once questioned they did not exclude a possible partnership with Apple in the future and you can see that on their official Twitter account here.
On the 3rd of January 2018, 3 weeks after the major sell off the Einsteinium team posted the following picture on their official Twitter account which makes things even more interesting giving the fact that rumours were spreading about a possible partnership between JP Morgan, Maxeler and Einsteinium.
Link to Einsteinium official Tweet:
https://twitter.com/einsteiniumcoin/status/948782982570979328
Now let’s take a closer look at who’s actually in this picture.
Here’s what Maxeler’s main focus and activity is, taken from their website along with some interesting partnerships with Amazon and Hitachi.
And you can find Oskar Mencer, their CEO & CTO hosting a seminar at the Stanford University about Multiscale Dataflow Computing. You can find the Youtube Video posted by Stanford University here.
More than this, an older article posted on ComputerWeekly talks about JP Morgan’s Maxeler dataflow supercomputer for analysing and profiling intra-day trading risk, and this was back in 2011 so this has been an ongoing partnership between the two.
In conjunction to this Richard Roberts, JP Morgan’s technology director, is part of Maxeler’s Directors Board.
Given the latest details and decisions regarding JP Morgan and their new focus on cryprocurrencies they might need Einsteinium & Maxeler’s help to stay on top in this space so the future looks very interesting and EMC2 is for sure a project to keep a close eye on in the upcoming weeks, months and throughout 2018
